Mike Sattem
To sell or hold, that is the question.
I have a 2/1 home that was actually my wife and I's first house that we turned into a rental when we bought our new home. Being in a college town is great, tons of renters, however their move in and out schedule st...
Daria B.
Negotiations with Seller
hi BPers-I've just begun this process. It seems unheard of to offer 30k below list but I've read others in the forum who actually closed on the deal.I'm having my agent present an offer but we discussed it first. Loca...
Vernon Henry
Is there a way out???
Underwater on a duplex in a depressed so. Cal area. Currently worth about 90k (and dropping). Owe 130K. Barely breaks even because market won't allow raise in rents. Appreciation is, of course, a distant pipe dream ri...
Wogderess H.
Evaluating a commercial retail building
hey guys I know how to evaluate a multifamily apartment building. But recently I came across a commercial building with retail stores. How do you evaluate something like that? Purchase price is 450K5 stores leased at ...
Katy C.
First SFR in Kansas City, MO
Hey all!So today I have made a little progress toward my first SFR purchase in KCMO. I think I've found a realtor to work with, but I'm still confirming whether he's the right guy for me, since I'm looking at a lower ...
Nova T.
Private Lender only wants 5% interest?? Is this common?
Hi everyone,I’m currently raising private funding for real estate and I came across a lender who only charges 5% interest. Here are his other loan terms: 100% financing on purchase price and rehab Interest rate 5% Fun...
Jack Lee
15yr vs 30yr Mortgage. Which do you use and why??
Hey guys,
I've been doing some thinking and was wonder what most people used on BP. It seems like from an investment standard the 30yr is better because the excess cash can yield higher rates elsewhere than sitting a...
Chheang Yang
Difficult 1031 Exchange - Help Needed
I've got an interesting 1031 I'm trying to work through. Hopefully someone with in depth 1031 experience can help out. I'm selling my home and it's going through as a 1031 exchange. I plan to close 7/30/2016. Howe...
Charles Oglesby
If you build it will they come?
I live in CA and everything out here is overpriced. I have found that if I were to purchase the land and then build I might be able to get more value because I can build higher and put more units into the lot. My qu...
Jei Mercado
ARV Question: Closer but 5+ year sold comps vs Further but 1+ year sold comps?
New investor here trying to see what everyones experience has been like. I often run into situations where I can't see nearby comps for a deal i'm working on that are within a 0-3 year window of being sold. Would an a...